3 ms·
Any examples of such monopolies?
by kyriakos 3y ago
Any examples of such monopolies?
- aurareturn 3y agoDe beers, LVHM, Luxottica to name a few.
- mijamo 3y agoLVMH is very very far from being a monopoly. Luxottica is under investigation currently just like the tech giants are (and received already fines just like 2 years ago). De Beers was the target of antitrust multiple times, had to cancel a few deals and change some commercial practises because of it. Could have gone further IMO but at the same time the consequences on consumers are limited given how niche a market vs the tech sector.
- realusername 3y agoThere's small luxury producers all over Europe, they just aren't as successful internationally as LVMH. And even then it's easier to launch a new luxury bag than a mobile OS...